TAI plans IPO in 2013

Turkish Aerospace Industries Inc (TAI) plans to hold an initial public offering in 2013.

[thumb]http://www.reuters.com/article/2012/03/02/turkey-tai-idUSL5E8E21JT20120302[/thumb]

Second CN235 for Mexico delivered

EADS North America has delivered the second of four Airbus Military CN235-300 Maritime Patrol Aircraft (MPA) to the Mexican Navy.

[thumb]http://www.eadsnorthamerica.com/north-america/usa/en/news/press.EADS-North-America-delivers-second-CN235-Maritime-Patrol-Aircraft-for-Mexico-under-U-S–Foreign-Military-Sales-agreement.html[/thumb]

Raytheon tests new rocket motor for TOW

Raytheon has tested a new propulsion system for the Tube-Launched, Optically-Tracked, Wireless (TOW) missile which will doubles its range and reduces the missile’s flight time by one-third.

[thumb]http://raytheon.mediaroom.com/index.php?s=43&item=2047[/thumb]